Companies that had a good week:
- Faro Health, a cloud-computing company working on digitizing clinical trials, raised $20 million.
- KeyCare, a digital health platform built with Epic, partnered with York, Pa.-based WellSpan Health.
Companies that had a bad week:
- Mindstrong Health, a digital mental health company, laid off 128 employees.
- Artificial intelligence company Olive AI laid off 215 employees.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.